Common use of Conventional/Other Clause in Contracts

Conventional/Other. Buyer shall have the sole option and election to terminate this Contract if the 244 Purchase Price exceeds the Property’s valuation determined by an appraiser engaged by . 245 This Contract shall terminate by ▇▇▇▇▇ delivering to Seller written notice of termination and either a copy of such appraisal 246 or written notice from lender that confirms the Property’s valuation is less than the Purchase Price, received on or before 247 Appraisal Deadline (§ 2c.3). If Seller does not receive such written notice of termination on or before Appraisal Deadline 248 (§ 2c.3), Buyer waives any right to terminate under this subsection.

Conventional/Other. Buyer shall have the sole option and election to terminate this Contract if the 244 Purchase Price exceeds the 165 Property’s 's valuation determined by an appraiser engaged by . 245 This Contract shall terminate by ▇▇▇▇▇ delivering to Seller 166 written notice of termination and either a copy of such appraisal 246 or written notice from lender that confirms the Property’s 's valuation is less than the 167 Purchase Price, received on or before 247 Appraisal Deadline (§ 2c.32.3). If Seller does not receive such written notice of termination on or before 168 Appraisal Deadline 248 (§ 2c.32.3), Buyer waives any right to terminate under this subsectionsection.